IDBS Enhances Compliance with SOC 2 By Adding Processing Integrity Standards

IDBS Enhances SOC 2 Compliance with Processing Integrity

IDBS, a prominent provider of cloud software for the BioPharma industry, has recently announced a significant advancement in its compliance standards. The company has successfully expanded its Service Organization Control 2 (SOC 2) compliance to now include the trust services criteria for Processing Integrity. This important step highlights IDBS's ongoing commitment to the highest levels of security, availability, confidentiality, and processing integrity.

What is SOC 2 Compliance?

SOC 2 compliance involves rigorous assessments that help organizations manage customer data based on five trust service criteria: security, availability, processing integrity, confidentiality, and privacy. This kind of audit is crucial for assessing risks associated with using Software as a Service (SaaS) and other third-party service organizations. It plays a vital role in regulatory oversight, ensuring robust vendor management, and internal risk management frameworks.

IDBS initially became the first electronic lab notebook provider to achieve SOC 2 compliance back in 2019, focusing on the criteria of Security, Availability, and Confidentiality. The company has maintained this commitment by undertaking annual assessments with an AICPA-registered auditor. This ongoing scrutiny demonstrates IDBS's commitment to maintaining a strong framework of internal controls while protecting customer data.

The Significance of Processing Integrity

With the latest SOC 2 assessment now incorporating Processing Integrity, IDBS is emphasizing its dedication to ensuring that data processing is complete, valid, accurate, timely, and authorized. This enhancement to their compliance not only aligns with the increasingly stringent regulatory environment but also showcases IDBS's adaptive capabilities.

Elizabeth Tyler, Vice President of Customer Operations, articulated the essence of this achievement by stating, "At IDBS, we understand the critical importance of compliance in today's regulatory landscape. Our expanded SOC 2 compliance to include Processing Integrity is a testament to our unwavering commitment to providing our customers with the highest level of trust and reliability."

Tyler further elaborated that this move sets IDBS apart in the competitive market and reinforces their determination to offer solutions that ensure precise and timely data processing.

IDBS's Legacy in BioPharma Innovation

IDBS has made its mark as a trusted long-term partner for many top global BioPharma firms. Approximately 80% of the top 20 BioPharma companies utilize IDBS solutions to harness the power of AI and machine learning to improve patient outcomes. Over 35 years, IDBS has established itself as a heavyweight in scientific informatics, providing cloud-based software solutions tailor-made to meet the diverse and evolving needs of the BioPharma sector.

The company's flagship product, IDBS E-WorkBook, continues to lead the market. Furthermore, IDBS has extended its offerings to include the IDBS Polar and PIMS cloud platforms, thus assisting scientists in making informed decisions with confidence in both GxP and non-GxP settings.

The Road Ahead

IDBS’s recent achievement of expanding its SOC 2 compliance serves as a significant milestone in its commitment to quality and security. As regulatory nuances continue to evolve, IDBS is not just keeping pace; it is leading the charge to ensure that its clients are equipped with the highest standards of service and security.

In conclusion, IDBS’s addition of Processing Integrity to its SOC 2 compliance demonstrates not only its leadership in the BioPharma software sector but also its relentless pursuit of excellence. For further details about IDBS’s commitment to compliance and quality, visit their official website at idbs.com/quality-and-compliance.